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Energy & Power๐Ÿ‡ฎ๐Ÿ‡ณ India

India Crude Oil and Condensate Production

- Crude Oil and Condensate Production refers to the total volume of crude oil and lease condensate extracted from oil and gas reservoirs within a country during a given year.

India Crude Oil and Condensate ProductionThousand Barrels Daily ยท 2015โ€“2023

8007006005002015: 772Peak2016: 7522017: 7442018: 7192019: 6772020: 6362021: 6202022: 6092023: 605Trough20152017201920212023
Source: energyinst.orgLast updated: July 2026

What India Crude Oil and Condensate Production shows

India Crude Oil and Condensate Production was 605 Thousand Barrels Daily in 2023, down 0.7% on 2022. The Crude Oil and Condensate Production dataset of India from 2015 to 2023 provides a clear and consistent view of the country's oil production landscape, highlighting production trends, crude oil output, condensate volumes, and overall supply patterns throughout the review period.

Trend

Falling to a series low

India Crude Oil and Condensate Production moved from 772 Thousand Barrels Daily in 2015 to 605 Thousand Barrels Daily in 2023 (โˆ’21.6%), an average of โˆ’3% a year. The series high was 772 Thousand Barrels Daily in 2015 and the low 605 Thousand Barrels Daily in 2023.

Volatility

A 21.6% peak-to-trough swing

The gap between the series high (2015) and low (2023) is 167 Thousand Barrels Daily. The sharpest single-year move was โˆ’6.1% in 2020.

Structure

Ranks 20 of 28 countries covered

Among the 28 countries in this dataset, India ranks 20 for 2023, behind U.S. (12,927 Thousand Barrels Daily) and Russia (10,554 Thousand Barrels Daily). It accounts for 0.7% of the global total in 2023.

Full series

India Crude Oil and Condensate Production by year

Complete annual series with year-on-year change. Values are reported in Thousand Barrels Daily.

Scroll the table sideways to see all columns.

India Crude Oil and Condensate Production, 2015โ€“2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023 Trough605 โˆ’0.7%
2022 609 โˆ’1.8%
2021 620 โˆ’2.5%
2020 636 โˆ’6.1%
2019 677 โˆ’5.8%
2018 719 โˆ’3.4%
2017 744 โˆ’1.1%
2016 752 โˆ’2.6%
2015Peak 772 โ€”

Regional context

How India compares in Asia-Pacific

Crude Oil and Condensate Production by country, 2023, Thousand Barrels Daily. India is highlighted.

1China
4,198
2Indonesia
606
3India
605
4Malaysia
508
5Australia
281
6Vietnam
175
7Thailand
136

Data definition

Inclusions and exclusions

Crude Oil and Condensate Production โ€” - Crude Oil and Condensate Production refers to the total volume of crude oil and lease condensate extracted from oil and gas reservoirs within a country during a given year. It is typically measured in thousand barrels per day (kb/d) and represents the production of unrefined liquid hydrocarbons before processing or refining. Crude oil is the naturally occurring liquid petroleum extracted from underground reservoirs, while condensate is a light hydrocarbon liquid that separates from natural gas when pressure and temperature decrease during production. This indicator provides insight into a country's upstream petroleum production capacity, resource availability, and contribution to global oil supply.

Inclusions

The data includes the production of crude oil extracted from conventional and unconventional oil fields, as well as lease condensate recovered at the wellhead or during field processing before refining. It covers both onshore and offshore oil production and includes output from integrated oil and gas operations where condensate is produced alongside natural gas. Production is reported before refining and excludes downstream petroleum processing activities. The dataset is compiled using standardized international energy reporting methodologies based on national production statistics and industry data, enabling consistent comparison of crude oil and condensate production across countries and over time.

Exclusions

The data excludes refined petroleum products such as gasoline, diesel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other products obtained through refinery processing. It also excludes natural gas production, natural gas liquids (NGLs) other than lease condensate, synthetic fuels, biofuels, oil shale products, and petroleum derived from coal-to-liquids or gas-to-liquids processes unless specifically stated in the reporting methodology. The indicator does not measure crude oil reserves, exports, imports, domestic consumption, refinery throughput, or production value. Minor differences may occur due to variations in national reporting standards, condensate classification, and estimation methodologies across countries.

About this indicator

Crude Oil and Condensate Production โ€” - Crude Oil and Condensate Production refers to the total volume of crude oil and lease condensate extracted from oil and gas reservoirs within a country during a given year. It is typically measured in thousand barrels per day (kb/d) and represents the production of unrefined liquid hydrocarbons before processing or refining. Crude oil is the naturally occurring liquid petroleum extracted from underground reservoirs, while condensate is a light hydrocarbon liquid that separates from natural gas when pressure and temperature decrease during production. This indicator provides insight into a country's upstream petroleum production capacity, resource availability, and contribution to global oil supply.

Measured in thousand barrels per day, the dataset reflects the volume of crude oil and condensate produced from domestic oil fields, making it an important indicator of upstream petroleum activity, production capacity, resource development, and national energy supply.

India produced 772 thousand barrels per day of crude oil and condensate in 2015, declining to 752 thousand barrels per day in 2016 and 744 thousand barrels per day in 2017. Production continued to decrease to 719 thousand barrels per day in 2018 and 677 thousand barrels per day in 2019, reflecting lower output from mature oil fields. In 2020, production declined further to 636 thousand barrels per day as operational challenges and reduced investment affected upstream activity. Output continued to ease to 620 thousand barrels per day in 2021 and 609 thousand barrels per day in 2022. In 2023, production declined slightly to 605 thousand barrels per day, the lowest level recorded during the review period.

Overall, the dataset demonstrates a consistent long-term decline in India's crude oil and condensate production between 2015 and 2023. The steady reduction reflects the maturity of existing oil fields, limited growth in domestic production, and increasing dependence on imported crude oil to meet rising energy demand. The dataset provides valuable insights for monitoring domestic production performance, evaluating upstream sector trends, supporting supply forecasting, informing energy policy, and assessing future investment opportunities. It also serves as a reliable resource for governments, researchers, investors, and industry stakeholders analyzing the long-term outlook of India's petroleum industry.

Indicator
Crude Oil and Condensate Production
Country
India
Region
Asia-Pacific
Unit
Thousand Barrels Daily
Coverage
2015โ€“2023, annual
Category
Energy & Power
Last updated
July 2026
Source
energyinst.org

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Frequently asked questions

What is India Crude Oil and Condensate Production?

Definition- Crude Oil and Condensate Production refers to the total volume of crude oil and lease condensate extracted from oil and gas reservoirs within a country during a given year. It is typically measured in thousand barrels per day (kb/d) and represents the production of unrefined liquid hydrocarbons before processing or refining. Crude oil is the naturally occurring liquid petroleum extracted from underground reservoirs, while condensate is a light hydrocarbon liquid that separates from natural gas when pressure and temperature decrease during production. This indicator provides insight into a country's upstream petroleum production capacity, resource availability, and contribution to global oil supply.

What was India Crude Oil and Condensate Production in 2023?

India Crude Oil and Condensate Production was 605 Thousand Barrels Daily in 2023, down 0.7% on 2022.

How has India Crude Oil and Condensate Production changed between 2015 and 2023?

India Crude Oil and Condensate Production moved from 772 Thousand Barrels Daily in 2015 to 605 Thousand Barrels Daily in 2023 (โˆ’21.6%), an average of โˆ’3% a year. The series high was 772 Thousand Barrels Daily in 2015 and the low 605 Thousand Barrels Daily in 2023.

Which year had the highest and lowest India Crude Oil and Condensate Production?

The highest value was 772 Thousand Barrels Daily in 2015 and the lowest was 605 Thousand Barrels Daily in 2023.

What does the India Crude Oil and Condensate Production data include and exclude?

Included: The data includes the production of crude oil extracted from conventional and unconventional oil fields, as well as lease condensate recovered at the wellhead or during field processing before refining. It covers both onshore and offshore oil production and includes output from integrated oil and gas operations where condensate is produced alongside natural gas. Production is reported before refining and excludes downstream petroleum processing activities. The dataset is compiled using standardized international energy reporting methodologies based on national production statistics and industry data, enabling consistent comparison of crude oil and condensate production across countries and over time. Excluded: The data excludes refined petroleum products such as gasoline, diesel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other products obtained through refinery processing. It also excludes natural gas production, natural gas liquids (NGLs) other than lease condensate, synthetic fuels, biofuels, oil shale products, and petroleum derived from coal-to-liquids or gas-to-liquids processes unless specifically stated in the reporting methodology. The indicator does not measure crude oil reserves, exports, imports, domestic consumption, refinery throughput, or production value. Minor differences may occur due to variations in national reporting standards, condensate classification, and estimation methodologies across countries.

Where does the India Crude Oil and Condensate Production data come from?

The series is sourced from energyinst.org (https://www.energyinst.org/__data/assets/pdf_file/0006/1542714/684_EI_Stat_Review_V16_DIGITAL.pdf). It covers 2015โ€“2023 and is reported in Thousand Barrels Daily.

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